College Financial Representative, Internship Program

Northwestern Mutual•Gadsden, AL
•Onsite

About The Position

Northwestern Mutual’s College Financial Representative internship provides guidance, connections, and a framework for building a financial planning practice. Interns develop a practice while engaging with local and nationwide experts, financial products, and company resources. The program offers opportunities to build confidence, develop a professional network, and help people pursue financial freedom. The internship mirrors the full-time Financial Representative career. Interns can participate year-round and have a flexible schedule around classes. They receive coaching, training, and development, and may obtain support for registrations and certifications such as Series 6, Series 63, and CFP®. Eligible students may have an opportunity to interview for a full-time Financial Representative or Advisor position upon graduation. College Financial Representatives are independent contractors for income tax purposes and statutory employees for FICA tax purposes. Contract approval requires a national criminal background check. Compensation is production-based and includes the listed learning and development incentives and productivity bonuses.

Requirements

  • Be a full-time student; juniors and seniors are preferred.
  • Have entrepreneurial ambitions and curiosity for sales.
  • Be highly involved on campus, such as as a leader, athlete, or member of campus organizations or student government.
  • Have excellent time-management skills.
  • Have an interest in financial literacy and planning tools.
  • Have business savvy and a desire to increase critical-thinking abilities.
  • Complete a national criminal background check if offered approval to apply for an intern contract.

Responsibilities

  • Learn to prospect and network to build a business and client base.
  • Develop and execute a business strategy.
  • Contact potential clients and set meetings to understand their financial goals.
  • Prepare plans and offer useful recommendations.
  • Gain exposure to proprietary planning software platforms.
  • Participate in weekly coaching, training, and development meetings.
  • Obtain Risk Product State Licensing for Life, Accident, and Health.
  • Build life skills that create future career opportunities.

Benefits

  • Flexible schedule to work around classes and other commitments.
  • Support for insurance licensing, including life, health, disability income, and long-term care.
  • Support for SIE, Series 6, and Series 63 registrations, subject to eligibility.
  • Learning and development incentives of up to $1,000 per month, not inclusive of earned commissions.
  • Productivity bonuses.
  • Access to leadership programs and local and national recognition events.
  • Coaching, training, development, and collaboration with business experts.
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